Risk Events Matrix definition

Risk Events Matrix means the matrix of events and remedies should such events occur set forth in Exhibit L to the Agreement. Rules has the meaning set forth in Recital C of the Agreement.
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Examples of Risk Events Matrix in a sentence

  • The parties may identify, and agree upon the remedies for, additional risk events which shall be added to the Risk Events Matrix or set forth in other Contract Documents as they are prepared and negotiated.

  • If any such Risk Event occurs, the parties shall follow the provisions regarding such Risk Event in the Risk Events Matrix to determine their respective rights and remedies, including rights to extend schedules, to remove a Facility from this Agreement, to terminate this Agreement and to receive reimbursement for unpaid costs in accordance with Section 19.6, as applicable.

  • This Agreement includes provisions elaborating upon the Risk Events and the remedies set forth in the Risk Events Matrix.

  • If a Risk Event occurs and the Risk Events Matrix provides that the Parties shall negotiate required changes to the terms of the Facility Implementation Plan, the parties shall negotiate in good faith for a period of 45 days, as such time may be extended by mutual agreement of the parties.

  • In the event TxDOT elects to terminate the CDA under this Section 8.4.4, Developer shall be entitled to compensation to the extent described for this Risk Event (“Parties do not agree on MDP updates affecting material general terms of MDP”) in the Risk Events Matrix (Exhibit L) and in Section 19.6.

  • The Risk Events Matrix also summarizes the remedies available to the parties upon occurrence of a Risk Event.

  • Except to the extent set forth in the Risk Events Matrix, Developer shall not be entitled to any compensation for costs incurred as a result of a Risk Event.

  • Without limiting the foregoing, termination pursuant to Risk Events (other than termination for convenience) set forth in the Risk Events Matrix shall not entitle Developer to any of the compensation or other remedies under this Section 20, and instead other relevant provisions of the Contract Documents shall control.

  • To the extent a particular Deliverable falls within this category and either party in good faith determines during or upon conclusion of the negotiations described in Section 9.3.4 that it is unable to reach agreement with the other party on the contents of the Deliverable, then such party may exercise its remedy in accordance with the Risk Events Matrix and this Agreement.

  • The Risk Events Matrix identifies certain Risk Events which will result in termination of this Agreement or the right of either party to terminate this Agreement.

Related to Risk Events Matrix

  • Milestone Events has the meaning set forth in Section 7.2.

  • Instantaneous flow measurement means the flow measured during the minimum time required for the flow-measuring device or method to produce a result in that instance. To the extent practical, instantaneous flow measurements coincide with the collection of any grab samples required for the same sampling period so that together the samples and flow are representative of the discharge during that sampling period.

  • Adjustment Events the Partnership makes a distribution on all outstanding OP Units in Partnership Units, (B) the Partnership subdivides the outstanding OP Units into a greater number of units or combines the outstanding OP Units into a smaller number of units, or (C) the Partnership issues any Partnership Units in exchange for its outstanding OP Units by way of a reclassification or recapitalization of its OP Units. If more than one Adjustment Event occurs, the adjustment to the Class B Units need be made only once using a single formula that takes into account each and every Adjustment Event as if all Adjustment Events occurred simultaneously. For the avoidance of doubt, the following events shall not be Adjustment Events: (x) the issuance of Partnership Units in a financing, reorganization, acquisition or other similar business transaction, (y) the issuance of Partnership Units pursuant to any employee benefit or compensation plan or distribution reinvestment plan, or (z) the issuance of any Partnership Units in respect of a capital contribution to the Partnership, including a contribution by the General Partner of proceeds from the sale of securities by the General Partner. If the Partnership takes an action affecting the OP Units other than actions specifically described above as Adjustment Events and, in the opinion of the General Partner such action would require an adjustment to the Class B Units to maintain the one-to-one correspondence described above, the General Partner shall have the right to make such adjustment to the Class B Units, to the extent permitted by law, in such manner and at such time as the General Partner, in its sole discretion, may determine to be appropriate under the circumstances. If an adjustment is made to the Class B Units as herein provided, the Partnership shall promptly file in the books and records of the Partnership an officer’s certificate setting forth such adjustment and a brief statement of the facts requiring such adjustment, which certificate shall be conclusive evidence of the correctness of such adjustment absent manifest error. Promptly after the filing of such certificate, the Partnership shall mail a notice to each holder of Class B Units setting forth the adjustment to his, her or its Class B Units and the effective date of such adjustment.

  • ASAM criteria means admission, continued service, transfer, and discharge criteria for the treatment of substance use disorders as published by the American Society of Addiction Medicine (ASAM).

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Criteria pollutant means a pollut- ant for which the Administrator has promulgated a national ambient air quality standard pursuant to 42 U.S.C. 7409 (i.e., ozone, lead, sulfur dioxide, particulate matter, carbon monoxide, nitrogen dioxide).

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Events means an action or occurrence, at any given location within the Authorized System that causes a Collection System Overflow. An Event ends when there is no recurrence of a CSO or SSO in the Collection System at the same location in the 12-hour period following the last Collection System Overflow.

  • Investment Criteria The criteria specified in Section 12.2(a).

  • COVID-19 Measures means any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down, closure, sequester or any other Law, directive, guidelines or recommendations by any Governmental Authority (including the Centers for Disease Control and the World Health Organization) in each case in connection with, related to or in response to COVID-19, including the Coronavirus Aid, Relief, and Economic Security Act (CARES) or any changes thereto.

  • Applicable effluent standards and limitations means all State and Federal effluent standards and limitations to which a discharge is subject under the Act, including, but not limited to, effluent limitations, standards of performance, toxic effluent standards and prohibitions, and pretreatment standards.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Example 3 Same assumed facts as in Example 2. Assume further that the Coverage Ratios of the hospitals and nursing centers that remain subject to this Lease, determined for the four (4) full calendar quarters ending not less than sixty (60) days prior to the assumed Section 16.10.

  • Matrix (1 2 8 9) means a substantially continuous phase that fills the space between particles, whiskers or fibres.

  • Low-level radioactive waste or “waste” means radioactive material that consists of or contains class A, B, or C radioactive waste as defined by 10 C.F.R. 61.55, as in effect on January 26, 1983, but does not include waste or material that is any of the following:

  • Table 3 Material Confirmation Sheet (sample)

  • Qualifying Energy Efficiency Measures (EEMs) means either (i) standard gas or electric EEMs (i.e., measures found on any of the Standard Initiative applications); or (ii) measures eligible under the Custom Initiative approved by Ameren Illinois; or (iii) measures found in the Streetlighting or Retro-commissioning Initiative as identified in official program materials found on the Ameren Illinois Energy Efficiency website. The following technologies are not Qualifying EEMs: (i) technologies that do not demonstrate measurable and verifiable energy savings, including power conditioning; (ii) technologies that displace electrical energy use or natural gas to another fuel (i.e. fuel switching); or (iii) renewable energy projects (solar, wind power, etc.). Eligible gas measures do not include propane or butane measures.

  • Co-occurring disorder specialist means an individual

  • Pandemic Measures means any quarantine, “shelter in place,” stay at home,” workforce reduction, social distancing, shut down, closure, sequester, immunization requirement, safety or similar Law, directive, guidelines or recommendations promulgated by any Governmental Authority, including the Centers for Disease Control and Prevention and the World Health Organization, in each case, in connection with or in response to a pandemic, including COVID-19.

  • Standard operating procedure means a formal written procedure offi- cially adopted by the plant owner or operator and available on a routine basis to those persons responsible for carrying out the procedure.

  • Table 4 Ending this Addendum when the Approved Addendum Changes

  • Qualifying Criteria means the criteria outlined in Section 3 and which is used to determine whether an individual is eligible to receive criminal Legal Aid;

  • Business Critical means any function identified in any Statement of Work as Business Critical.

  • Table 1 means Table 1 of the Reporting ITS.

  • Example 1 Assume that a lease covering 50 Master Lease Leased Properties is subdivided into Lease A covering 35 Master Lease Leased Properties and Lease B covering 15 Master Lease Leased Properties and that no Event of Default under Section 16.1(m) and/or Section 16.1(q) or any other provision has occurred or is continuing under either of such leases. Assume further that, pursuant to Section 40.18, such two (2) leases are combined and that Lease A is the Section 40.18

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.